I was in a cab coming back from a brief trip when I got an email from one of my banks which I deemed spam and will pretty much tag it as such. Banking institutions may have been battled in the past for the idea of centralized money keeping, this was a front line act to cover up the truth which is the fact that "banking" never started as a "commercial business" ; it was a well programmed idea, run by the government from day one.
The system is built in such a way that actual game changers are kept behind the scenes of all the fun shows. Basically, everyone in the system has a puppet on strings, hosting the show while the heads of planning watch from backstage, enjoying how the dummies calling themselves the audience are buying the idea.
Apparently this has some shit to do with e-Naira, the Nigerian CBDC, which will forever be a joke. I think I may have missed a previous email when it launched, however, do these guys really expect me to spend 10$ on this? Talk about the unprofitable Ethereum network, I rather buy myself pizza with some cold soda if may. Central banks tend to suck money out of citizens at every instance, I figured this some months back when I randomly got debited some amount of cash, and when I called to ask for what reason, I'd be told that it was an action from the CBN. The funny part of this central bank charges is that you never actually get notified, you'd only realize it if you take note of your balances before going off.
Crypto is freedom - at least for the average Joes.
While the commons may view digital assets as a fresh medium for investment, the stand out merits of this networks is "freedom and control"
While every biscuit on earth is taxed, and every petty income is reduced to nothing, cryptocurrencies are life savers. Although when we look around, crypto has tended to feed the rich in great numbers, this is only natural considering the fact that money has always been power and power claims opportunities. But notwithstanding, there's more to investments and profits when it comes to crypto, there's then ownership and freedom which is one and two things these centralized systems deprive its own customers.
From the thumbnail you see a man struggling to keep his savings, that's just how we grew to be comfortable with people telling us how and when to utilize our cash. In a way, it's almost always as if these authorities somewhat wish to keep all the supplies to themselves, because when you look at a nation that barely 40% of its supplies is dished to her citizens, but then there's a levy on literally everything, you could then draw the conclusion that the system is greedy and wishes to keep the value to itself. Gone are the days we believed our taxes were actually put to work because overtime, we only met great depreciation in developments and equal effects on income.
Crypto economy comes with an abundance backed by freedom and ownership, this is something CBDCs cannot compete with, investments are things readily available even in the offline world, merging both systems onto one network is a Metaverse of generational wealth in freedom and ownership, watch out for how crypto, NFTs with blockchain technology takes the universe to a new world settings…